--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/39354716.md" description: "$Rocket Lab(RKLB.US)Last night's earnings were like a floodgate opening...One piece of good news and one piece of bad news.The good news is that RKLB secured its largest launch contract to date last night: a $190 million launch agreement led by the U.S. Department of Defense, pushing the total backlog value to over $2 billion, which is very solid.The bad news is that last night, the combination of the ATM news (sell the news), crude oil, Powell's hawkish remarks, and PPI made for a very ugly price action. It looks like the momentum built up over the past 5 weeks was all for nothing, and we might have to retest 68, 65 again 🤧Oh, little rocket, why did you have to announce the ATM on such a critical breakout moment yesterday? Wouldn't it have been better to announce it after securing the contract today? 😅⬆️ Personal thoughts, not any investment advice" datetime: "2026-03-19T01:35:42.000Z" locales: - [en](https://longbridge.com/en/topics/39354716.md) - [zh-CN](https://longbridge.com/zh-CN/topics/39354716.md) - [zh-HK](https://longbridge.com/zh-HK/topics/39354716.md) author: "[1002x2z](https://longbridge.com/en/profiles/20017193.md)" --- # $Rocket Lab(RKLB.US)Last night's earnings were lik… ### Related Stocks - [RKLB.US](https://longbridge.com/en/quote/RKLB.US.md) ## Comments (1) - **Andy G531 · 2026-03-19T02:30:14.000Z**: The main force originally intended to pull it up, but changed their mind and continued to wash (the market) 😭